Monthly Archives: October 2018

Take over a sick construction company

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We have often come across companies that perform well, make a brand and then sell it to another big company. This is indeed a good way to earn handsome money in a short period of time. However, there are also instances where a big company has taken over a not so famous, sick and dilapidated company. It does that just to acquire its resources and give the owner of the company its share for selling the unit to him. There involves a lot of risk when you buy a sick unit. Firstly, you have to put in a lot of effort to get the company back on its toes and in order to do that you have to have a strong foolproof strategy in place. Therefore, experts in the respective industries often term this kind of takeover to be a dangerous one. But people have their own reasons to buy a non-performing asset. The reason is the non-performing asset is still an asset and before it turns into a liability it should be utilized for good.

The risk is perhaps a little less when it comes to construction segment. It is because the company who buys the unit gets all its resources too and do not have to spend a fortune if it directly buys the same resources from the market. Moreover the transaction that happens is quite cheap. The company that is taking over the sick unit buys all its resources at a very cheaper price. It also gets experienced employees at the same rate. If it had to hire from out, the company definitely had to spend good amount of money in employing human resources which is saved in this case.

Legal work should be accurate:-

When you decide to buy a non-performing construction company and enjoy its assets you also have to make sure that you take care of the legal part very minutely. There are a lot of legal papers that needs to be cleared before you can actually buy the company. You also need some sanctions from the government of the state or county before you end up buying the unit. In order to make sure that the acquisition is done in the most proper way you should hire a attorney who knows about the laws of the land and can guide you accordingly. When you buy a construction company of some other state you are absolutely not sure about how things work there. This is where the attorney comes into play and will guide you through the entire acquisition process.

Construction company of different genre can be a problem:-

If you buy a company that deal with construction in forest lands and you have no intention to get into that it will make no sense to buy a unit related to that genre. If you construct houses then you should also buy a non-performing company that was into building houses. The men employed with the other company will know the kind of work and need not be re-trained completely.

Construction water pumps: These are important in any construction site

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Water pumps have multiple uses in a construction site. It is mainly used for clearing rainwater from a construction site or dewatering a reservoir where some construction work will be processed. There is no ideal construction water pump available that can suit in every occasion, contractors or engineers use one or more water pumps depending on the situation. These water pumps are evaluated on the basis of their performance, buying price, maintenance cost, and durability.

Types of construction water pumps

Scores of water pumps are available. They possess different capacities and other features. However, the water pumps used in construction works can be broadly classified under two heads:

  • Centrifugal water pumps
  • Positive displacement water pumps

Centrifugal water pumps are mainly used in construction sites while positive displacement water pumps have a wide-ranging utility in different industries.

Centrifugal water pumps

These are the most-used water pumps can be used for displacing any kinds of thin liquids including water. Centrifugal pumps are very helpful in removing low-density liquids too. In this water pump, one or more rotating impellers are used for driving water into the pump and discharge it under high pressure. Centrifugal water pumps are available in the different specification in the market; however, the following are the most common types of water pumps in this genre:

  • Axial Flow Pumps – In this pump water enters and passes out without changing the direction and the direction remains parallel to the rotating impeller. These pumps do not create very high pressure inside to discharge the water.
  • Peripheral Pumps – These are also called turbines. In the pump’s casing, a rim like channel is fixed around which the impeller rotates. The impeller has blades on both sides of the rim, as the water or liquid inside rotates repetitively, the discharge pressure increases remarkably.
  • Radial Flow Pumps – These are the most used pumps in the construction industry. Water enters the pump along the axial plane, it’s speed is enhanced by the rotating impeller and exits at a higher pressure at the right angle to the shaft. Radial Flow pumps function at higher pressures but lower rates of discharge than axial Flow Pumps.
  • Mixed Flow Pumps – It is a combination of an axial flow pump and radial flow pump. It exits the pump at an angle that may be anything in between 0 to 90 degrees.
  • Jet Pumps – These pumps are normally used to extract water from very deep reservoirs or wells. A jet pump possesses two parts, one that is fixed under the ground for pumping water and another above the ground for generating flow.

Benefits of construction water pumps

These pumps can be used in building and bridge construction works where water is needed constantly. A radial flow pump or mixed flow pump is generally used if any usable reservoir is available nearby. Otherwise, a peripheral or jet water pump may be used to bring water from a distant place or collect it from the underground natural water. The axial water pump is generally used to drain water that is stored due to rain or flood on a construction site.

Rent heavy equipment and make good money

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Construction equipment always yield returns to you even when it is not in use. It is just that you need to ensure that the machine is given to someone who can use it on his site and pay you for using it. Many heavy equipment owners are usually concerned with the state of their machines that they will get back after a year or so. They feel that the user will not take care of the machine the way they did and therefore it makes no point to let it out to a person whom they do not know and repent later. Well, as a matter of fact, the users of heavy equipment also understand the importance of it being in good shape and hence are bound to take good care of it. If they do not then they will be at loss as they are obligated to give it back to you in the same state as they took it from you. They will not want to ruin the machine beyond repair. Also if they fail to take care of the machine then it will just not work and their business will suffer.

For a construction company which has abundant heavy equipment and do not use them regularly, they can rent it out to small construction companies who can’t afford to buy construction machines. In this way, they not only help small companies to grow but at the same time they also make some money by doing this noble task. The point is how you would identify small companies who are in need of construction machines.

The easy option is by spreading the word that you want to rent your heavy equipment in your business circle. Let everybody know about it so that they will spread it out further and you will be reached by someone who actually needs the stuff. In this way you will rent the machine to a person who has come to you via reference. You can also check on that person through his reference and then only when you are assured that you are giving the machine in good hands that you should go ahead with the deal.

The other option available to you is to catch hold of agents or dealers who deal in renting heavy machines. In case if you are unable to find someone who is ready to pay you the rental amount you have quoted you better get in touch with these guys. They will help you for sure in hooking someone to your machine. They will also charge you some fees which need to be discussed in advance before the deal gets finalized. Before you let it out have a hearty talk with the user and tell him quite openly that you will not tolerate any major issue on the heavy equipment and if there happens to be a major problem then that needs to be fixed by the user and you are not liable to pay for its repairs.

Excavator safety training

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Safety should be the prime motto of any construction company and also the employees in the company should give equal importance to it. Eventually, if the company is asking them to follow the safety parameters it is for the benefit of the employees. They will remain safe at work. Construction industry is considered as an industry that consist lot of perils for its employees. Day in and day out there are news of people getting injured or even getting killed in accidents happening on the site? As a matter of fact, most of the accidents that happen on a jobsite are due to negligence on the part of the employees and also once the accident has occurred they do not know what to do next. They leave it all for the paramedics to come and take care of the situation. It seems that they do not have the proper training to manage situations on their own which is one of the reasons why this sector sees so many fatalities.

Now one also needs to follow certain safety measures while they are on the heavy equipment. For instance the operator working on an excavator has to pretty sure that while he is working there is nobody present in the vicinity of the machine. The excavator has to move to and fro and also has to swing its arm every now and then. It is not possible for the operator to keep a tab on who has come near to the machine and therefore people should avoid coming near to it while it is at work. The operator also has to be responsible for his own safety. For instance, he should be wearing proper gloves so that if he inadvertently touches anything that is extremely hot he will not damage his fingers. Also wearing boots all the time he is there inside the cabin is a must.

These safety points should be a part of his training program. A list should be made on what the operator of an excavator should do and what he should not and he should be following those safety rules religiously. For instance, before he starts working with the excavator, he should check if the brakes are working fine. Also check if the levers in the machine are in order. An engine check should also be done. The operator should report any shortfalls right away to the supervisor or to the team who handles issues pertaining to heavy equipment. So while the machine is getting repaired, if there is a spare excavator that can be used, the operator can jump on that one or else wait till the time the first one is not fixed.

The construction company should also encourage its operator to take safety trainings at regular intervals. You get to learn a lot in such training programs. The trainer will bring those facts that you were unknown to and also very important to you as far as your safety is concerned. Working on an excavator is fun provided you are following all the necessary safety measures.

Related articles across the web

Why it is important to paint heavy equipment?

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Heavy equipment is one of the most important element s in the present era, because of its contribution in the constantly growing construction industry. With new constructions being made every day, without the heavy equipment, it would be quite difficult to do these extensive jobs in such a fast pace.

Even the workload would be multiple times higher and would require more workers. Hence, to minimize time as well as to minimize expenditure, the heavy construction equipment plays a huge role. However, they do not come for a pocket-friendly price. Therefore, it requires a great deal of maintenance for the heavy construction equipment. Along with maintenance, what is equally important for the heavy construction equipment is to paint it occasionally.

Importance of Painting Heavy Equipment:

Just as cleaning the heavy equipment off dirt and dust is important, it is equally important that you paint the heavy equipment occasionally. There are many reasons behind it.

  • Increases longevity:

Just as high quality paint increases the life of a property, home or other concrete elements; it also increases the life of the heavy equipment as well. These commercial vehicle paints are made of chemicals and materials that can protect the metal structure of the machine from dust, dirt as well as moisture.

  • Increases resale value:

When you wish to sell your old heavy equipment and buy a new one instead, always make sure that the equipment is painted well. This will give it an almost new look, which will certainly increase the price of your equipment. It is worth spending on the painting expenditure, if you want to increase the price of the machine or if you want to sell it fast.

  • Give it a Branded Look:

The branded heavy equipment comes with high quality paint and finishing. If you want to enjoy ownership of your heavy equipment that has a branded look and appeal to it, painting is the first step.

Painting the Heavy Equipment Yellow:

Now that you have understood the importance of painting your heavy equipment, it is also important that you know which colour is the best for you. If you go through the branded heavy equipment, you will see that they all come in a bright yellow colour.

The reason behind this is that the yellow colour is a highly visible colour. Hence, be it early in the morning or in the bright sun or even at dusk, when there is very minimal light, the yellow colour is highly visible whenever light reflects on it. Therefore, painting it yellow is the best choice, so that potential accidents can be avoided.

Conclusion:

If you are thinking of painting your heavy equipment afresh, make sure that you choose the best quality paints and also have the painting done by the professionals. There are professional heavy equipment painters, who will clean your equipment at first and then paint the new colour professionally, so that your equipment gets a completely new look. It is not every day that you will be painting your heavy equipment. So, choose only the best, without compromising on your budget.

Motor Grader Tricks

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Grading has always been considered as one of the most important functions in the construction industry and particularly in road building work. Therefore it becomes quite crucial for the construction company to buy the best grading machines available in the market and also hire the best men who know how to work on those machines. The operators need to be really experienced as far as their job is concerned. They need to know the tricks of the trade more than anything else.

Operating the machine is one thing but knowing the tricks to complete the work is what many construction companies expect from the operators. So if you are the one who knows motor grader tricks you might find your place as an operator or also as an instructor in major construction companies that are involved in grading works. Since construction companies gives more stress on the tricks of using a motor grader, it makes more sense to know what tricks in particular are they looking for in an operator to know so that the operator can work in those areas that is required for him to get into the best of the company.

Knowing your machine well:-

This is perhaps the most important trick that one should learn first. Just by the noise of the machine when you start the engine that you should know if it will work fine the whole day or will there be some sort of problem that may crop up as the day progresses. You can expect quick work only when the machine is in good shape or else there is a possibility that it will run slow during the major part of the day. Other than that, knowing the various functions in a grader is way too crucial for any operator. You just do not have run the machine but you have to run it effectively and in order to do so you need to ensure that you know the various functions attached to machine. Heavy equipment companies provide 2 functions for the same job. One will be a quicker one and the other will be the normal one. So if you are the genre of conventional operator who shies away from trying new things then it is a problem. You got to learn the new part of the story to become highly productive.

Soil composition and blades:-

Different types of blades are required to work on different types of soil. You can’t use the same type of blade on all kinds of soil. The trick again begins with knowing which blade should be used for what type of soil. One particular type of blade can be used for a soil that is not meant for it but it will be very time consuming and will lead to many days to grade a small plot of land. You should use the right kind of blades for grading work and it is the responsibility of the operator to know which blade to be used on what type of soil.

Keep your conduct good to grow in the construction industry

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Right from our childhood we are taught to work hard and were made to understand that hard work pays you off in time. There is absolutely no second thought on the fact that there is no substitute for hard work but there is something more than one need to do to climb up the ladder and it is to keep his conduct good. You will be loved by your co-workers if you are good to them. It is as simple as this. You be good to others and expect the same from them. Other than having a good rapport with your team mates and colleagues you should also ensure that you give your best in terms of performance so that your supervisors should think about you whenever they have to assign a challenging task to someone. You should make such an image in front of your superiors. It is also important that all the higher level management must know you for your work. Growing in an industry is a tough task but it can be achieved if you are a person who knows to respect others and also respect your work.

Good conduct is one of the most essential criterions in the construction industry that will decide how quickly you will be able to climb up the ladder. Knowing your work is equally important but it will not help you for long if you are not good in conduct. You should work on your mannerisms if you are not so good in it. Wishing everybody in the morning with a smiling face can work wonders for you. Your colleagues will appreciate your wishes and will know you as a well-mannered person. This will go really well with your bosses who play a key role in promoting you.

Interact with people and try to remember people by their names:-

Interaction is an essential part of the construction business. Every now and then you are required to speak to somebody from a different department. So if you have a good rapport with guys from other departments you can get your work done quickly and this is possible only if you interact with them on a regular basis. To have a little chat with the guy working in the next department you need not go to him with some work. You can simply say a “Hi’ to him and spend a couple of minutes talking to him about his well-being. He will certainly appreciate it. Also try to remember names of people. It is certainly not an easy task to remember names of every person whom you meet but if you can manage to do so it will yield rich dividends.

Be helpful to people:-

In the construction business, a person can be of immense help even though he does not know how to get things right. It is all about connections that will let him help the guy who comes to him seeking help. If you know a lot of people in the organization and if someone comes to you seeking help, you can direct the person to the right guy. If you are helpful to others you get noticed and this eventually helps you to get promoted.